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Ardian buys three Italian wind farm projects

Ardian has acquired a majority stake in a holding company developing three wind farms in Italy, with the transaction closing on 28 June 2017. The private equity house declined to comment on the size of the deal, which will see it take 80% of Tolve Windfarms from PLC System, an Italian developer with permits for…

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Silver Ridge offloads Italian PV portfolio

[vc_row][vc_column][vc_column_text]Silver Ridge Power Italia, a joint venture between Riverstone and SunEdison has sold to Cubico  105.6 MW portfolio of 18 solar PV plants in the Italian regions Apulia, Lazio and Sicily Cubico has not disclosed the financial terms of the deal. The plants in the portfolio have been operational since between 2010 and 2013. They are…

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Etrion to unload Italian solar assets to Ultor

Etrion has signed a definitive sale-and-purchase agreement with Ultor SpA, a joint venture owned equally by Enel Green Power SpA and Fondo Italiano per le Infrastrutture (F2i). Ultor is purchasing Etrion’s 60-megawatt Italian solar portfolio for initial cash consideration of 78 million euros and the assumption of related project-level debt of 221 million euros, with…

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